The reimbursement claims of €85 million (2016: €120 million) predominantly consisted of receivables from insurance companies in connection with product liability claims.

In 2016, miscellaneous receivables included a €441 million receivable from Dow AgroSciences LLC, United States, for damages and royalty payments resulting from the infringement of Bayer’s rights to the LibertyLink™ weed control system. This receivable was settled in May 2017.

Other receivables included €426 million (2016: €690 million) in financial receivables. Of this amount, receivables of €383 million (2016: €612 million) were neither impaired nor past due. Receivables of €26 million (2016: €50 million) were due immediately or up to three months past due. Receivables of €17 million (2016: €27 million) were more than three months past due.

Other receivables are stated net of impairment losses of €70 million (2016: €56 million), of which €67 million (2016: €52 million) related to a receivable from the Venezuelan exchange control authority reflecting the right to receive U.S. dollars at a preferential rate.